Browonstone: 204 Clermont Avenue

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We’ve been looking at almost exclusively new developments. Partially because that’s our preference, and partially because they seem to have the most open houses. But Brooklyn is not all about new developments, in fact new developments are almost the antithesis of Brooklyn. So this weekend we decided to mix it up a bit, looking at some old with some new. Josh is a big fan of brownstones and imagines that one day we’ll own our own little piece of something along the brownstone belt, so 204 Clermont looked like a good place to start.

The agents believed 204 Clermont was built “around 1901″. It’s used as a 3 family unit, though it has a COO of four, currently all units are being rented out. The owner we were advised would take the duplex units, meaning the first two floors and a deck.  The owner unit featured 2 roomy bedrooms, a parlor / liming room, kitchen, dining area, large windows, a marble mantle, 12+ ft ceilings, granite counters, and garage. The top two floors we were assured would be easily rented out due to its close proximity to Pratt, and in fact the they were already being rented out for a cool $1,500+ each. A $3,000+ monthly influx is certainly nothing to sneeze at, and with all the sun (i.e. double exposures) its not hard to see why.

But this brownstone wasn’t in the best possible shape. The exterior and interior needed noticeable paint jobs. Renters had occupied the building, and it showed. Just from the outside the brownstone didn’t look that well maintained (compared to its neighbors) and the whole place had a sort of run-down feel to it. The realtors did what they could to explain the condition and highlighted its fixtures, unique details, strong foundations and space. Josh actually thought the brownstone was beautiful and didn’t think the $1.5M was unreasonable given that it comes with a $3k+ monthly income. I wasn’t thrilled with the lightless downstairs bedrooms, and the dingy feeling throughout. I was especially disappointed that the owners had basically destroyed the beautiful bay windows by putting a kitchen there. I don’t know, maybe Josh is right when he pointed out, “Marie, it’s over a hundred years old its not going to look like a brand new condo in a high-rise, it’s abrownstone.” But I still don’t get it.

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The Queen Bee. She rules over the Flatbush Riviera. All of Downtown Brooklyn and Fort Greene is her domain.